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flag Senegal revoked Atlas Oranto's oil license in Sept. 2025 for failing to meet financial and drilling requirements, reclaiming control to boost hydrocarbon development.

flag Senegal has revoked the offshore oil exploration licence of Atlas Oranto Petroleum, linked to Nigerian entrepreneur Arthur Eze, in September 2025 due to unmet financial and operational requirements, including failure to provide bank guarantees and conduct drilling despite the Cayar Offshore Shallow block being awarded in 2008. flag The 3,600-square-kilometre area north of Dakar remains underexplored, prompting the government under President Bassirou Diomaye Faye to reclaim control to enforce compliance and accelerate hydrocarbon development. flag The move aligns with a growing African trend of reassessing inactive oil contracts. flag Meanwhile, Atlas Oranto secured new production-sharing agreements in Liberia in September 2025 for four offshore blocks, with planned investments exceeding $200 million per block and signature bonuses of $12–15 million.

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